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Mixed-Use Building with Live/Work Studio

124/126 S 2nd, Livingston, MT 59047

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For Sale

$895,000

MULTI_FAMILY - Livingston, MT

Property size:

8,151 SF

Price / SF:

$109/SF

HighLights

Seller financing available.
Pro‑forma 6.5% cap rate; attractive investment with current cash flow and room to add value.
8,151 sq ft mixed‑use building with six units offering income and flexibility.
Located in the historic downtown district with limited use restrictions and strong neighboring businesses.
Studio apartment with alley access provides live/work setup or rental income potential.
Close proximity to Yellowstone National Park and Bozeman.

We can help!

Contact an agent

Ryley Kerik

For Sale

$895,000

MULTI_FAMILY - Livingston, MT

Property size:

8,151 SF

Price / SF:

$109/SF

Added:: Dec 5, 2025
Days on Market:: 208
Last Refresh:: Jul 1 at 9:06 pm

Property Features for 124/126 S 2nd

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Offsite, On Street
Standard status: Active
APN: 0000008700
Size: 8,151 SF

Taxes and HOA fees

Tax Year: 2025
Tax Description: LIVINGSTON ORIGINAL TOWNSITE, S13, T02 S, R09 E, BLOCK 80, LOT 13 - 14
Tax Annual Amount: 12214

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Varies by Unit
Water source: Public

Building Details

Year built: 1934
Number of units: 1

We can help!

Contact an agent

Ryley Kerik

Listing agent Ryley Kerik License #RBS-99844

Listing office Berkshire Hathaway - Bozeman 2001 Stadium Drive, Bozeman, MT

Listing date Dec 5, 2025

MLS# 407602 Listing URL

HighLights

Seller financing available.
Pro‑forma 6.5% cap rate; attractive investment with current cash flow and room to add value.
8,151 sq ft mixed‑use building with six units offering income and flexibility.
Located in the historic downtown district with limited use restrictions and strong neighboring businesses.
Studio apartment with alley access provides live/work setup or rental income potential.
Close proximity to Yellowstone National Park and Bozeman.

Overview

This downtown mixed-use building includes six units of mixed sizes, with two front-facing offices and a shared common area. Interior amenities include a kitchenette and conference rooms, along with A/C and large windows that bring in natural light while capturing downtown views. An alley-accessed studio apartment supports a true live/work setup, creating flexibility for either residential occupancy or rental uses.

The property is located in Livingston’s historic downtown district, where limited use restrictions are noted. Seller remarks also position the building as a northern gateway to Yellowstone National Park, with a short drive to Bozeman.

With both office and residential components, the configuration can support a range of concepts including professional services, retail, creative studios, residential use, medical office, or co-working. Seller financing is available, and floor plans are included with the listing photos for review.

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Livingston
County: Park
State: Montana
Longitude: -110.560447
Latitude: 45.659922

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124/126 S 2nd, Livingston, MT 59047

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For sale
Mixed-use properties
MT
Livingston
59047
124/126 S 2nd

What type of property is this?

Mixed-use property - Downtown mixed-use property with multiple units, office space, and an alley-accessed studio designed for live/work flexibility.

Where is this mixed-use property located?

The property is located at 124/126 S 2nd Livingston, MT.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Seller financing available.; Pro‑forma 6.5% cap rate; attractive investment with current cash flow and room to add value.; **8,151 sq ft mixed‑use building with six units offering income and flexibility.**

124/126 S 2nd, Livingston, MT 59047

MULTI_FAMILY - Livingston, MT

Property Features for 124/126 S 2nd

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Gift Shop Retail Opportunity

Mixed-Use Property with Heated Shop

Mixed-Use Brick Building

Duplex with Separate 1-Bed Unit

Livingston Multi-Family Investment Opportunity

Live-Work Loft with Private Entrance

Historic Church with Redevelopment Potential

Live-Work Property with Heated Shop

Historic Mixed-Use Building

Retail Space with Beer/Wine License

Historic Livingston Building with Apartments

Mixed-Use Historic Building

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